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Measuring Economic Welfare

Measuring Economic Welfare PDF Author: George W. McKenzie
Publisher: Cambridge University Press
ISBN: 0521248620
Category : Business & Economics
Languages : en
Pages : 201

Book Description
Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. This method is discussed fully, illustrated by simple examples, and compared with alternative procedures. An outline of a computer program that enables readers to undertake their own calculations is included. In order to present the approach clearly, the author provides an exposition of the fundamental ideas and the main alternative approaches to the problem. These rely on various forms of index numbers and consumer surplus. However, as is well known, such measures are not capable of correctly ordering the various alternatives under consideration, except under highly unrealist assumptions. In this book the author suggests the abandonment of this traditional approach based on the concept of 'willingness-to-pay' or the conpensating variation. Instead, the measure that Samuelson has called the 'money-metric' should become the cornerstone of applied welfare economics.

Measuring Economic Welfare

Measuring Economic Welfare PDF Author: George W. McKenzie
Publisher: Cambridge University Press
ISBN: 0521248620
Category : Business & Economics
Languages : en
Pages : 201

Book Description
Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. This method is discussed fully, illustrated by simple examples, and compared with alternative procedures. An outline of a computer program that enables readers to undertake their own calculations is included. In order to present the approach clearly, the author provides an exposition of the fundamental ideas and the main alternative approaches to the problem. These rely on various forms of index numbers and consumer surplus. However, as is well known, such measures are not capable of correctly ordering the various alternatives under consideration, except under highly unrealist assumptions. In this book the author suggests the abandonment of this traditional approach based on the concept of 'willingness-to-pay' or the conpensating variation. Instead, the measure that Samuelson has called the 'money-metric' should become the cornerstone of applied welfare economics.

The Welfare State Reader

The Welfare State Reader PDF Author: Christopher Pierson
Publisher: Polity
ISBN: 0745635555
Category : Political Science
Languages : en
Pages : 505

Book Description
Includes 20 selections, reflecting the thinking and research in welfare state studies, these readings are organized around a series of debates - on welfare regimes, globalization, Europeanization, demographic change and political challenges.

Social Development

Social Development PDF Author: James Midgley
Publisher: SAGE
ISBN: 1446265641
Category : Social Science
Languages : en
Pages : 207

Book Description
The social development approach seeks to integrate economic and social policies within a dynamic development process in order to achieve social welfare objectives. This first comprehensive textbook on the subject demonstrates that social development offers critically significant insights for the developed as well as the developing world. James Midgley describes the social development approach, traces its origins in developing countries, reviews theoretical issues in the field and analyzes different strategies in social development. By adding the developmental dimension, social development is shown to transcend the dichotomy between the residualist approach, which concentrates on targeting resources to the most needy, and the institutional approach which urges extensive state involvement in welfare.

Gender Inequality and Welfare States in Europe

Gender Inequality and Welfare States in Europe PDF Author: Mary Daly
Publisher: Edward Elgar Publishing
ISBN: 1788111265
Category : Social Science
Languages : en
Pages : 278

Book Description
Gender equality has been one of the defining projects of European welfarestates. It has proven an elusive goal, not just because of political opposition but also due to a lack of clarity in how to best frame equality and take account of family-related considerations. This wide-ranging book assembles the most pertinent literature and evidence to provide a critical understanding of how contemporary state policies engage with gender inequalities.

The Welfare State

The Welfare State PDF Author: David Garland
Publisher: Oxford University Press
ISBN: 0199672660
Category : Business & Economics
Languages : en
Pages : 177

Book Description
This Very Short Introduction discusses the necessity of welfare states in modern capitalist societies. Situating social policy in an historical, sociological, and comparative perspective, David Garland brings a new understanding to familiar debates, policies, and institutions.

The Welfare State Revisited

The Welfare State Revisited PDF Author: José Antonio Ocampo
Publisher: Columbia University Press
ISBN: 0231546165
Category : Political Science
Languages : en
Pages : 380

Book Description
The welfare state has been under attack for decades, but now more than ever there is a need for strong social protection systems—the best tools we have to combat inequality, support social justice, and even improve economic performance. In this book, José Antonio Ocampo and Joseph E. Stiglitz bring together distinguished contributors to examine the global variations of social programs and make the case for a redesigned twenty-first-century welfare state. The Welfare State Revisited takes on major debates about social well-being, considering the merits of universal versus targeted policies; responses to market failures; integrating welfare and economic development; and how welfare states around the world have changed since the neoliberal turn. Contributors offer prescriptions for how to respond to the demands generated by demographic changes, the changing role of the family, new features of labor markets, the challenges of aging societies, and technological change. They consider how strengthening or weakening social protection programs affects inequality, suggesting ways to facilitate the spread of effective welfare states throughout the world, especially in developing countries. Presenting new insights into the functions the welfare state can fulfill and how to design a more efficient and more equitable system, The Welfare State Revisited is essential reading on the most discussed issues in social welfare today.

Amartya Sen's Capability Approach

Amartya Sen's Capability Approach PDF Author: Wiebke Kuklys
Publisher: Springer Science & Business Media
ISBN: 3540280839
Category : Business & Economics
Languages : en
Pages : 128

Book Description
Kuklys examines how Nobel Prize-winning economist Amartya Sen’s approach to welfare measurement can be put in practice for poverty and inequality measurement in affluent societies such as the UK. Sen argues that an individual’s welfare should not be measured in terms of her income, but in terms what she can actually do or be, her capabilities. In Chapters 1 and 2, Kuklys describes the capability approach from a standard welfare economic point of view and provides a comprehensive literature review of the empirical applications in this area of research. In the remaining chapters, novel econometric techniques are employed to operationalise the concepts of functionings and capability to investigate inequality and poverty in terms of capability in the UK. Kuklys finds that capability measurement is always a useful complement to traditional monetary analysis, and particularly so in the case of capability-deprived disabled individuals.

Social Welfare in Global Context

Social Welfare in Global Context PDF Author: James Midgley
Publisher: SAGE
ISBN: 9780761907886
Category : Political Science
Languages : en
Pages : 268

Book Description
James Midgley provides a broad overview of social welfare, outlining key institutions, terminology, historical research, and approaches. He also details reasons for the existence of international social welfare and the challenges that arise from it. The author includes an important section on applied international social welfare that addresses the concerns of practitioners--concerns that have been neglected in much of the literature in the field. An entire section of the book is devoted to issues of social work practice, social developments, the activities of international agencies, and their collaborative efforts. While practical application is an important focus of the book, several chapters deal with key theoretical debates in the field. The author also includes descriptive chapters that provide comprehensive accounts of world social conditions and social welfare institutions.

The Divided Welfare State

The Divided Welfare State PDF Author: Jacob S. Hacker
Publisher: Cambridge University Press
ISBN: 9780521013284
Category : Business & Economics
Languages : en
Pages : 468

Book Description
Publisher Description

Social Welfare

Social Welfare PDF Author: Andrew W. Dobelstein
Publisher: Cengage Learning
ISBN:
Category : Education
Languages : en
Pages : 344

Book Description
This text offers a clear explanation of policy analysis. SOCIAL WELFARE: POLICY AND ANALYSIS, Third Edition, shows students how to apply the methods and processes of policy analysis to current American welfare programs. The description of welfare programs provides a basic introduction to the field and the explanations of how the programs have developed make them more understandable to social welfare students.